for more information about stanelco click on the links.

driver's research page link
http://www.moneyam.com/InvestorsRoom/posts.php?tid=7681#lastread
website link
http://www.stanelco.co.uk/index.htm

garyble, hope your right, but wouldn't hold your breath:)

Auto,

Rush of blood to the head there, but I'm ok now!

Starpol would fit the bill nicely.
It can be made in thin layers for molding, it's clearer and keeps the produce fresher (if greenseal used).

By Ahmed ElAmin.

05/12/2006 - The use of thin-walled packaging for food products is growing in Europe, with demand in the chilled sector for the format increasing at the fastest rate, according to a new report.

In terms of composition, PET and PP are gaining market share, while polystyrene (PS) and polyvinyl chloride (PVC) are losing market share.

"Recently, plant-based and compostable polymers have emerged that offer brand owners exciting new opportunities to align sustainable and natural food propositions -- such as organic food -- with the packaging itself," AMI stated in its report.
For full article see link. SEO are not mentioned. It's only the 3 largest PRODUCERS of thin-walled packaging in Europe, that get a mention.
But interesting all the same. It shows yet again that bio products are gaining, on none bio.


http://www.foodproductiondaily.com/news/ng.asp?n=72538&m=1FPDD05&c=gcjasaplopxltou

Thanks for that greekman,although reading the article,you could lead yourself to believe you were reading from the infamous RNS list that SEO have put out over these last several years.I'm a long term holder but in weaker moments wonder whether its all been one big con!!there seems to be Companies out there in the big wide world producing what SEO profess to be in the throws of producing!! OK Still holding,still believing,Cheers to all.

Reading from the link by greekman, the three producers below do they make biodegradable polymers, and are they FSA approved anybody know?
If not SEO are still in front, or will be when Starpol 3000 is passed.

The largest three producers of thin-walled packaging in Europe are:
Huhtami, Klkner Pentaplast and the RPC Group.

If they do make biodegradable polymers, do they make their own, or are they customers of Biotec?

Regarding FSA approval of Starpol 3000 - either my memory is failing or SEO applied for approval back in May and said it would take 120 days.

We're up to over 200 days. Was approval not forthcoming?

Jim/Oblo,

FSA should read FDA I think.

Also, I recall the statement being typically vague:

"Starpol 3000 is expected to be confirmed as fully compliant under the same regulation and we expect approval in turn for this within weeks"

Does not state that they have applied for FDA approval but does imply that they assume approval to be a formality as Starpol 2000 was already approved.

We all know that "weeks" could mean any number of them, similar to the "several hundred GS conversions".

sorry my mistake Gary but you knew what i ment.

Huhtami, Klkner Pentaplast, both use plastic films and supply bio products supplied by Naturworks USA.

RPC Group use plastic and bio films supplied by a co in bristol uk (BEBO)

Yep, I did Jim.

Re: FDA approval:

"Under the PMN process, a notification becomes effective 120 days after the date of receipt by FDA, unless FDA determines that, based on the data and information before the agency, the use of the substance is not safe and FDA objects to such notification within the 120 day period. If FDA does not object within 120 days to the use of a food contact substance that is the subject of a PMN, the substance may be legally marketed for the notified use".

The 3 mentioned all supply food containers, film coverings to such containers, but can't find anything on their web sites to put them into competition with SEO re SEO having a far better, cost effective, produce keeping product.
Before anyone mentions the obvious, all these 3 companies products are up and running, whereas SEO's are not.
Innovations in every manufacturing field are always just around the proverbial corner.
Todays innovation is tomorrows old hat.
It is often said the most modern up to date product is the next one.
Let's hope the next one it SEO.
I am sure that the likes of Walmart/Asda will have compared ALL packaging products against SEO's.
We all know the SEO packaging package is a good product and presumably if it was not, Walmart/Asda would have been out of the SEO game long ago.
But as often been stated. If you can't sell it, it's not earning money sitting on the shelf.

Gary - yep! There is no formal "approval" - it occurs by default. ie. if the FDA do not say no within 120 days it is OK.

So when (if?) did SEO submit their application/data?

The Chief Executive's statement dated 31 July 2006 said "Starpol 3000 .... food contact approvals are being sought".

That statement was 128 days ago.

Why no news?

Tony,

The statement dated 128 days ago say's,Starpol 3000 .... food contact approvals are being sought".
That could mean being sort in the future, so the date of submission may have been later.
Just nit picking perhaps.
Don't have time at the mo to delve deeper.
Will look later, unless someone posts the submission date.

I got the impression from the prospectus that they were still playing around with the formulation of Starpol 3000.

Sorry, FDA approval.


Tony, I'm sure there was something in May which suggested the approval application was in - I'll have a look after lunch!

Why then did the AGM statement say that approval was expected within weeks?That was in May of this year.

Just about to say the same, Pad.

From the AGM Statement, dated 2nd. May:-

'As announced on 14 February 2006, Starpol 2000 now has the
relevant US FDA approval, along with its European equivalent. Starpol 3000 is
expected to be confirmed as fully compliant under the same regulation and we
expect approval in turn for this within weeks'

This implies the application was already in. Of course, within weeks if taken literally doesn't mean much - it could mean 200 weeks.

May 2nd was about 30 weeks ago, or 210 days. Given the 120 day rule, there are are two possibilities.

1) The application didn't go in before about the 10th August (i.e. approx 120 days ago), which doesn't tie in with the AGM statement.

2) Approval wasn't given.

I'm afraid I have to go for 2) - I think Starpol 3000 has suffered the same fate as Greenseal and they've gone back to the drawing board.

Sorry, I've missed a 3rd possibility.

3) Starpol 3000 has gained approval but SEO haven't told anyone.

I still go for 2), as it seems unlikely SEO wouldn't have told us - I'm sure they would have grabbed at any reasonably positive news to put out over the past couple of months.

From the open offer prospectus:

"Starpol 3000 - a family of multilayered thermoplastic materials with up to 100 per cent. biodegradability and sustainability. Starpol 3000 materials can combine the properties of different biodegradable materials to give higher functionality and competitive overall cost. Formulations of Starpol 3000 materials also provide gas and moisture barriers required for MAP matching industry standards. The product has completed initial stages of development and food contact approval is being sought"

Also:

"Starpol 3000 is the next product from Biotec and is nearing completion. The material is expected to provide barrier properties that are equal or better than traditional non-biodegradable plastics"

Prospectus is dated 9th October 2006.

Can an incomplete product be submitted for approval?

Well spotted Garbyle,then how could it have been submitted for approval early this year if it had not been fully developed or have I missed something?Infact strictly speaking you could say that as at 9/10/06 Starpol 3000 did not exist as it was "nearing completion"!